From TradeBriefs <[email protected]>
Subject The Luxury of Counterfeits | John Zhang - Sep 17, 2025
Date September 17, 2025 1:58 AM
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News and Insight for Decision-Makers

Editor's Pick

After escaping Russian energy dependence, Europe is locking itself in
to US LNG

[[link removed]}&lead=419599&emailid=234262&nl=daily
her State of the European Union address to the European Parliament
last week, EU Commission President Ursula von der Leyen got an earful
from MEPs angry about her “surrender deal” with Donald Trump.
Iratxe Garcia Perez, leader of the centre-left S&D group, blasted von
der Leyen’s hypocrisy in calling for Europe to have courage and
fight when she herself showed no courage with Trump. "You went to
Scotland to bury Europe's strategic autonomy under a golf course,”
she told her.

Green group leader Bas Eickhout questioned how she could say in her
speech she still cares deeply about climate change, even as she and
her EPP group have spent the first ten months of her second term
dismantling some of the climate legislation she passed in her first
term. “You said we need to be energy independent, but at the same
time you sign a Trump deal that promises a $750 billion investment in
American [LNG] energy that is dirtier than what we had before. That to
replace the Russian LNG gas that is only $10 billion per year for now.
These numbers don’t add up…We should invest this money in European
renewables and European industry, because renewables are the worst
enemy of fossil autocrats.”

Continued here

High-signal, zero noise. Expense Premium
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Work

The Luxury of Counterfeits | John Zhang
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Wharton marketing professor Z. John Zhang explains how luxury brands
may actually benefit from the existence of counterfeits.

Work

Fani Willis Loses Bid to Continue Prosecuting Georgia Trump Case
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
The 4-3 ruling means that the criminal case against President Trump,
related to his efforts to overturn his 2020 election loss, will not
move forward anytime soon, if ever.

Work

What investors get out of quarterly earnings
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
A push for greater opacity in America's capital markets is gathering
steam.

Work

Spain first of Eurovision 'big five' to say it will boycott event if
Israel participates
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Israel's national public service broadcaster, Kan, which has been
threatened with privatisation by Benjamin Netanyahu amid accusations
it is too leftist, has already decided it wants to take part.

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Work

Exclusive: Russia close to cutting oil output due to drone attacks,
sources say
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Russia's oil pipeline monopoly Transneft has warned producers they may
have to cut output following Ukraine's drone attacks on critical
export ports and refineries, three industry sources said on Tuesday.

Work

The looming crackdown on AI companionship
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
The risks posed when kids form bonds with chatbots have turned AI
safety from an abstract worry into a political flashpoint. What
happens now?

Work

Over half of US healthcare workers plan to switch jobs by next year,
survey finds
[[link removed]}&lead=419599&emailid=234262&nl=daily]
More than half of U.S. healthcare workers are actively looking to
leave their current jobs, according to a new survey, underscoring
mounting pressure on an already strained system.

Work

Mondays Really Are More Stressful on the Brain and Body
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
The start of the workweek can be a biologically measurable stressor,
with consequences for long-term health that can stretch intro
retirement

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Here's what to know.
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California's Environmental Past Confronts Economic Worries of the
Present
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Gov. Gavin Newsom and Democratic state lawmakers have focused on
pocketbook concerns this year, seeing their party’s national losses
as a reckoning.

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De-risking investment in AI agents
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AI agents thrive when trust is designed in from the start, says vice
president of product management at NICE, Neeraj Verma.

Work

Surprising Presence at Belarus-Russia War Games: Two American
Observers
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
The invitation by Belarus came as its autocratic leader has been
trying to improve relations with the Trump administration, which has
been receptive.

[[link removed]}&lead=419599&emailid=234262&nl=daily]

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A self-driving car traffic jam is coming for US cities
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Research shows autonomous vehicles may reduce crashes, but without
smart policies, robotaxis could worsen traffic and urban life. Here's
how cities can prepare.

Work

How an AI giant became obsessed with an albino alligator
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Anthropic co-founder Daniela Amodei helped create one of the most
cutting-edge chatbots on the market. Her 4-year-old son is convinced
her job is taking care of an alligator. It's easy to understand the
confusion.

Work

Charlie Kirk death: Report those who celebrate the shooting to
employers, Vance says
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Some have criticised the firings, like the American Association of
University Professors, who said in a statement on Monday that academic
freedom should be protected and "not curtailed under political
pressure".

Work

How China Is Weathering the Trade War With Trump
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
Tariffs triggered a plunge in China’s exports to the United States,
but its global trade surplus is larger because sales to other regions
are surging.

[[link removed]}&lead=419599&emailid=234262&nl=daily]

Work

CDC has been 'censored' and 'politicized' under RFK Jr., former
officials plan to say
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Daniel Payne reports on how the health industry and Washington
influence and impact each other. He joined STAT in 2025 after covering
health care at POLITICO. You can reach Daniel on Signal at
danielp.100.

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LimeWire acquires Fyre Festival, asking 'What Could Possibly Go
Wrong?'
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The filesharing service (turned NFT platform) said it was looking to
bring "the brand and the meme back to life."

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Poland's president set to demand war reparations in tense Berlin visit
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Tensions between Poland and Germany complicate the effort to show a
united front against Russia's Vladimir Putin.

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Meryl Streep, Barbra Streisand and Others Mourn Robert Redford
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Redford “stood for an America we have to keep fighting for,” his
frequent collaborator Jane Fonda said after his death was announced on
Tuesday.

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Former C.D.C. Director to Tell Lawmakers She Was 'Fired for Holding
the Line'
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Susan Monarez is set to provide her first detailed account of her
ouster in testimony before the Senate Health Committee on Wednesday.

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Joe Biden is struggling to cash in on his presidency - WSJ
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Joe Biden spent his first Independence Day out of the White House at a
high-end trailer park.

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WTO's fisheries subsidy ban takes effect
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A World Trade Organization agreement aimed at reducing overfishing has
taken effect. It requires countries to reduce subsidies doled out to
fishing fleets to ensure sustainability of wildlife in the world's
seas and oceans. A total of 112 formal approvals by the WTO's member
countries means the agreement takes effect more than three years after
its adoption at an assembly meeting. The Geneva-based trade body touts
the accord as its first focusing on the environment, and the first
broad and binding multilateral agreement on ocean sustainability.

Work

TikTok to stay in the US as Donald Trump says deal is done
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
He added: "The Chinese government will, according to law, examine and
approve relevant matters involving TikTok, such as the export of
technology as well as the license use of intellectual property."

Work

Study suggests most Americans would be healthier with 'permanent
standard time'
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
Every spring, Americans dutifully adjust their clocks forward to
daylight saving time, and every fall, back to standard time--but no
one seems very happy about it. The biannual time shift is not only
inconvenient, it's also known to be acutely bad for our health. The
collective loss of an hour of sleep on the second Sunday in March has
been linked to more heart attacks and fatal traffic accidents in the
ensuing days.

Work

Rubio seeks to move beyond Israeli strike in Qatar that sparked
diplomatic row - WSJ [[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Rubio, who came to Israel on Sunday to "convey America's priorities in
the Israel-Hamas conflict," said that he planned to push Qatar to
"play a constructive role" in helping to mediate the release of the
remaining hostages being held by Hamas.

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A new report finds China's space program will soon equal that of the
US
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China “poised to overtake us in the next five to 10 years if we
don’t do something.”…

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CDC temporarily revokes remote work approvals for employees with
disabilities
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O. Rose Broderick reports on the health policies and technologies that
govern people with disabilities’ lives. Before coming to STAT, she
worked at WNYC’s Radiolab and Scientific American, and her story
debunking a bogus theory about transgender kids was nominated for a
2024 GLAAD Media Award. You can reach Rose on Signal at
rosebroderick.11.

Work

White House Readies Appeal After 2nd Loss in Bid to Fire Lisa Cook
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A court blocked a last-minute attempt on Monday to remove Lisa Cook
from the Fed board ahead of a meeting to set interest rates.

Work

Tim Walz Seeks Third Term as Governor of Minnesota
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Mr. Walz raised his national profile with a run for vice president. He
has suggested that an additional term as governor would rule out the
prospect of him running for president in 2028.

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Former Republican Lt. Governor of Georgia Enters Governor's Race as a
Democrat
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Geoff Duncan could prove to be a wild card in an election next year
that will be a crucial test for Georgia’s relatively new status as a
swing state.

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King Charles rolls out the red carpet to woo Trump - WSJ
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King Charles III, Prince William and more than 1,500 soldiers will
welcome President Trump to Windsor Castle on Wednesday in an effort to
butter up the U.S. president and cement a diplomatic relationship with
the most Anglophile U.S. leader in decades.

Work

New startup wants to make novel bispecific antibodies for
immunediseases
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Congressional staffers and health policy experts from major think
tanks recently held a closed-door meeting to discuss policy options
related to President Trump’s plan to peg U.S. drug prices to what
other countries pay, or “most-favored nation” pricing.

Work

What happened when teens tried out tech-free bedrooms?
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Elizabeth and Henry are among those ditching technology in their
bedrooms to see how they cope.

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Army adopts venture capital model to speed tech to soldiers
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The Army's new Fuze program is kicking off to bring technology to
soldiers rapidly.

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Most Countries Are Reducing Deaths from Heart Disease, Cancer and
Diabetes
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A report finds that death rates from cancer and heart disease have
declined since 2010 in roughly 150 countries. Experts explain
potential reasons why

Work

Robert Redford, American Style Icon
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
Reluctant to focus on style or his looks, Mr. Redford nevertheless
became the embodiment of an enduring aesthetic.

Work

Here's what to expect from the charges and first hearing.
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The 22-year-old accused of killing Charlie Kirk is being held on
suspicion of felony murder. Prosecutors expect to file formal charges
ahead of his court appearance.

Work

Upgrades Begin on Plane Donated by Qatar to Serve as Air Force One
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The 747 jetliner needs extensive security modifications. Some members
of Congress worry that President Trump will pressure the Air Force to
do the work too quickly.

Work

Vance Urges People To Report Charlie Kirk Critics To Their Employers:
Live Updates
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JD Vance is hosting a Charlie Kirk tribute, honoring late activist's
legacy and conservative impact. Follow Newsweek's live blog.

Work

Mary Rose Oakar, 85, First Arab American Woman in Congress, Dies
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In her 16 years on Capitol Hill, she emerged as a champion of
women’s rights, especially equal pay for comparable work.

Work

Joe Manchin Would Like a Word. (OK, Maybe Several Words.)
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The voluble former senator, now retired from politics, appears to miss
the arena and is mulling a return to it.

Work

Nvidia to deploy 120,000 AI chips in the U.K. by end of 2026
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Nvidia’s partners will deploy 120,000 Blackwell GPUs across Britain
in a $15 billion project billed as Europe’s largest AI buildout

Work

Publishers Clearing House's bankruptcy means 'forever' winners will no
longer get paid | CNN Business
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
For nearly 60 years, Publishers Clearing House had been known for
changing individuals' lives, fulfilling their dreams with prize money
it promised would keep coming for as long as they lived.

Work

Robert Redford, Hollywood Icon, Dies Aged 89: Latest Updates
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Robert Redford, the beloved Oscar-winning director and star of films
such as Butch Cassidy and the Sundance Kid has died at the age of 89.

Work

China slaps 1-hour deadline on reporting serious cyber incidents
[[link removed]}&lead=419599&emailid=234262&nl=daily]
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Cyberspace watchdog tightens reporting regime, leaving little time to
hide incidents

Work

Russia has network of 200 camps for 'brainwashing' Ukrainian children
- report
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[[link removed]}&lead=419599&emailid=234262&nl=daily]
Investigation uncovers documents and satellite imagery that confirm
children being taken to sites for patriotic indoctrination, weapons
training and combat drills

Work

Trump Delays TikTok Ban Again
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It was the fourth time President Trump extended the deadline for
TikTok to find a new owner or face a ban in the United States. This
time, officials have said they are nearing a deal to address concerns
about the app.

Work

The Supreme Court is about to decide one of the biggest economic
policy cases ever
[[link removed]}&lead=419599&emailid=234262&nl=daily]
[[link removed]}&lead=419599&emailid=234262&nl=daily]
Cook v. Trump is one of the highest-stakes cases of Trump's
presidency.

Work

Donald Trump clashes with Australian ABC journalist and confirms
Albanese meeting
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The Aukus review – which is being led by the undersecretary of
defence and Aukus sceptic Elbridge Colby – is due to be completed
around November. Australia has already sent about $1.6bn to the US as
part of the agreement.

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